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Economic Reforms since 1991 (LPG) · Question 16 of 65

Question 16

EasyOriginal question

Liberalisation means

Options for question 16

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Liberalisation removes restrictions, such as licensing, so that firms and markets can work freely.

Worth noting

Selling government firms is privatisation; linking with the world is globalisation.

Concept
Liberalisation
Typical time
40 s
Your time
—
The rule this testsLiberalisation
Practise this chapter →

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Practise this chapter →

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.